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Friends, this website will discuss a variety of topics connected to investing and INVESTMENT that the average person is interested in learning about.
Do you have any idea?
Only these four methods of making money are available to everyone on the planet.
That's four ways to look at it:
1. As a Worker - as a worker
EMPLOYEES OF ANY OF THE MAJOR COMPANIES OR GOVERNMENT OFFICES, FOR EXAMPLE, A DAILY PAID LABORER
2. As a Self-Employed Person — as the proprietor of a small office or business.
such as merchants, small company owners, or physicians, attorneys, CPAs, and other professionals
3. In the Role of a Businessman – in the role of a businessman
For example, consider the owner of a very big corporation with a business that runs on the system, and even though the corporation does not own it, the business runs flawlessly.
4. As a Speculator - as a speculator
For example, any kind of investor that makes money by investing money in a business,
You may be one of these four no matter who you are; if you have one of the first two, as 90 percent of the world's population has, you are just generating ACTIVE INCOME.
And if you fall into the third and fourth categories, you are undoubtedly a very wealthy person, since individuals in these categories get PASSIVE INCOME; they do not labour for money, but money works for them.
What occurs is that a guy can only have ACTIVE INCOME in the first and second categories.
And active income may generate money as long as you work, so if you stop working for whatever reason, your INCOME stops as well, which has a significant effect on our economic situation.
So, whether you're an EMPLOYEE or a SELF-EMPLOYED BUSINESS, you should consider how to become a successful investor or entrepreneur.
To be honest, all of the world's wealthy are individuals in this third and fourth categories; the remainder of the population tries hard to become wealthy and seems wealthy, but this does not always happen.